The natural price of labour is that price which is necessary to enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution.
Wealth of Nations, capitalism
The natural price of labour is that price which is necessary to enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution.
Wealth of Nations, capitalism
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"The highest and most important office of government is to maintain justice."
Controversial"The annual produce of the land and labour of the society, the real revenue of all its inhabitants."
Controversial"The education of the common people requires, perhaps, in a civilized and commercial society, the attention of the public more than that of people of some rank and fortune."
Controversial"Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer."
Controversial"The third and last duty of the sovereign or commonwealth is that of erecting and maintaining those public institutions and those public works, which, though they may be in the highest degree advantage…"
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